Evening star. [volume] (Washington, D.C.) 1854-1972, 1887-06-13
TELEPHONE SCANDAL.
Vice-President Tyrer Resigns.

4EETIN0 OF THE BOARD OF DIRECTORS.
Statements have been published rejecting upon
the financial standing and the management OF the
American Telephone Co. This company was
organized on the 9th Of May. and joint stock
company was formed under the laws Of Virginia,
lor the purpose as stated in the printed charter OF
the company, OF manufacturing telephones and
telephone supplies; also constructing, maintain
Ing and operating telephone lines and exchanges
throughout the continents of North and South
America; also constructing, maintaining and
operating telegraph lines throughout said
countries &c. The concession Of the sole privilege
10 employ telephones and carry on telephone
business In the United States of Venezuela to this
company, signed by Manuel F. Garcia, the
the printed prospectus OF the company. This con-
cessiOn is a transfer OF concession given to Gen.
eaa wn1ch 9 was for term OF nine years
May 5, 1887, is also printed in the pros.
pectas s -. Gonzales is the legal representative
to act for the latter in the transfer OF his prv-
lege TO the American Telephone Co.. and did so
Candelario informs him 'sthat he takes pleasure
In announcing that he has obtained for you the
restoration Of the time given in the charter to
eeRE sas also Time
that he has succeeded in getting the concession
extended to cover the cities Of Caracas La Guayra
Puerte Cabello and Valencia"
THE NAMES OF THE NCORPORAToRs
are: Benz. Butterw0rth, of Cincinnati, Ohio; w.
b. Mcdonald, of washington, D. c.; c. B. sprague,
OF washington, D. c.; j. 8. Saunders Of Troy,
n. Y; T. ". Tyrer, Of washington, D. c.; Chas.
A,M A. Maxwell Of Washingtons Dc; Leonard G:
Brentsyille, Va; ]. b. MCGOWAN. Of Washington,
&C The omcers are: Benz Butterworth, presi-
dent; I. W. Tyrer, vice ce-prestdent; Chas A. Max
Directors-Benj. Butterworth, ]. H. MCGOWAN, J..
R;ca 4; amor1e J. Saunders & chas sa3 A MaX%e C.
g. McDonal and T. W. Tyrer
THE PUBLISHED CHARGES
against the company are that the alleged conces-
sions to the company from the Venezuelan gov
ernment, If they really existed, were valueless,
the Bell CO. having already withdrawn from the
nelo, because the government would not pay the
rent. 1t was also said that the concession was
only for nine years instead OF thirtyfve and that
four OF the principal cities were excluded 1t was
also also sald that It. the president and general man
In the penitentiary. All these statements created
GREAT CONNECTION IN THIS CITY,
where some $300, 900 Of the stock of the company,
which amounts 10 i've Millions has already been
sold, mostly in small blocks. This stock was sold
for ten cents on the dollar, the management as
plant A STAR reporter called this morning at the
on1ce on the basement floor OF 1920 street. On
the window In white letters was notice that it
provement Co. The reporter asked to see MIR.
Tyrer, and he was directed to desk In the back
part OF the ofhce. As he approached the desk q
man OF medium height got up from his chair, and
meeting the visitor asked what was wanted.
When he was informed OF the object OF the visit
ne smiled and invited the reporter to take chair.
MI: Tyrer Is young-look1ng man, although his
hair Is Iron gray as well as his moustache. He
talked very freely.
WHAT Mr.. TYRER SAYS.
He said: Gas soon as this thing came out in the
papers telegraphed at once for the members Of
the board who were out OF town. They came on
the back room. I suppose that they will prepare
some statement for the public"
'Are all the members present?" asked the re.
porter. "Ah but two" was the reply, "Mr. C. B.
Sprague and Leonard g. Mcdonald. 'This whole
thing" he continued, tfs an attack on me-that is
been unfortunate in the way charged, and
suppose that the knowledge Of that fact was
the cause OF this attack upon me. It occurred
some years ago. and very few know the facts;
but 1t seems to be enough for q man to be
In prison once" he added, with some bitterness
such things will not hurt the company. The con-
cession obtained is good one, and we now have
MeSSrS4 NJ. T. Dooley, formerly clerk in the War
department, and j. n. Smith, formerly with the
Bell Telephone CO. in Venezuela, to establish our
plant ana set the business going. In order not to
once the directors together and handed in my re-
stgnatton. It. makes very little difference but IL I
am In the way want to get out. We have valua-
'ble privileges, and believe we will make money.
President ButterWOrth's Statement.
APPOINTMENT OF COMMITTEE OF INVESTIGATION By
THE BOARD.
The board OF directors remained in session